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NEW DELHI: Mutual funds bought dozens of smallcap and midcap stocks during the March quarter. Among them, at least eight stocks saw MF holding go up by over 100 basis points, March quarter shareholding data available so far suggests.
Analysts have been positive on many of these stocks of late. Among them, Mayur Uniquoters saw MF holding rise by 222 basis points to 3.6 per cent at the end of March quarter from 1.38 per cent at the end of December. The stock is up 34 per cent so far in 2021.
Sharekhan is expecting the company to report a 40 per cent year-on-year (YoY) rise in March quarter profit.
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